The launch of inland nuclear power is expected to show signs of warming in the near future. Entrusted by the National Development and Reform Commission, the Chinese Academy of Engineering and the China Nuclear Energy Industry Association recently conducted a survey on the site of the inland nuclear power plant to determine whether the safety of the inland nuclear power plant meets the requirements for construction, so as to clear the obstacles before the start of construction. At present, the investigation report on the construction of nuclear power in inland areas has been completed.
The analysis believes that the heavy catalysts in the nuclear power industry will continue to be introduced in the fourth quarter, and the development of nuclear power in China is welcoming the golden age. It is estimated that in the next 10 years, the annual investment scale of nuclear power construction will reach about 85 billion yuan. Nuclear power overseas expansion and inland launch will continue to increase the valuation of the sector, equipment companies will usher in the turning point of the order this year, the performance turning point will begin to manifest in the next year. The performance of the pioneers in the market after the core raw materials and new product categories are abundant and the layout of nuclear power is expected to increase significantly.
Inland nuclear power starts only to Dongfeng
According to the research report of the Chinese Academy of Engineering, with the accelerated development of the inland economy, the gap between power supply and demand will increase in the future, and the total energy consumption and per capita energy consumption will increase significantly. It is recommended that the country should build on nuclear power on the basis of coastal nuclear power construction. Develop inland nuclear power.
An expert from the China Nuclear Energy Industry Association said that since 2008, the association has organized more than 100 experts in the industry to conduct a number of studies on the safety of inland nuclear power and the impact on environmental assessment. The conclusion is that inland nuclear power safety has Guarantee. China's inland nuclear power plants use third-generation autonomous technology to ensure the cooling of nuclear power reactors and the integrity of containment, with the ability to cope with various accidents.
Zhang Huazhu, chairman of the China Nuclear Energy Industry Association, said at the annual meeting of the China Nuclear Energy Industry Association held in April this year that efforts will be made to promote the inland nuclear power construction project during the 13th Five-Year Plan period.
The above experts revealed that the launch of inland nuclear power during the 13th Five-Year Plan period is a common idea in the industry, and everyone is actively promoting this work. The relevant state departments are actively carrying out the demonstration and research work on inland nuclear power, and the relevant local government attitudes are also very positive. It is reported that more than 10 provinces have proposed to develop nuclear power, and 31 nuclear power plant sites have been completed to review the preliminary feasibility study report.
In addition, according to the "13th Five-Year Plan" nuclear power plan, by 2020, China's nuclear power installed capacity will reach 58 million kilowatts, and 30 million kilowatts under construction. In the "National Nuclear Power Medium- and Long-Term Development Plan (2005-2020)" issued in 2007, a number of inland nuclear power plant projects have been included in the plan.
If inland nuclear power is activated, the above experts said that the three inland nuclear power plants of Hunan Taohuajiang Nuclear Power Plant, Hubei Xianning Nuclear Power Plant and Jiangxi Pengze Nuclear Power Plant are expected to become China's first batch of inland nuclear power plants to be restarted. The “Two Lakes and One River” nuclear power plant was approved by the Development and Reform Commission in 2008 to carry out preliminary work. At present, it has invested billions of yuan. “The work of these three nuclear power plants has been done in depth, and it can be started as soon as the approval is passed.”
Speeding up the “going out”
At present, the global nuclear power market is generally in a warmer trend. The new units in emerging market countries are gaining momentum, and the export volume of nuclear power in developed countries continues to increase. The pace of China’s nuclear power “going out” has also accelerated significantly in the near future.
Recently, China National Nuclear Corporation and Bill & Dot; Gates participated in the investment of the United States Terra Energy Corporation signed a fourth-generation nuclear power plant development agreement. On September 8, CGNPC and Kenya signed a memorandum of understanding. Both China Guangdong Nuclear Power and Kenya Nuclear Power Bureau will conduct comprehensive cooperation on nuclear power development and construction in Kenya based on Hualong No.1 technology and its improved technology.
On September 21st, the British Chancellor of the Exchequer Osborne, who is visiting China, announced that China will invest in the construction of the Hinkley Point C nuclear power plant in the United Kingdom. China and Britain are expected to sign a construction agreement for the Cincinnati C station with a budget of more than 240 billion yuan.
The Hinkley Point C nuclear power plant in the United Kingdom is the world's largest nuclear power project with the largest single capacity. Xian Chunyu, chief designer of China Guangdong Nuclear Power Group Hualong No.1, previously said that the British government has agreed that Chinese companies led by China Guangdong Nuclear Power will participate in the development and construction of a new nuclear power project in the UK, initially locking in a participating Hinckley Point project and a holding Brad. Vir project.
At present, the Hualong No. 1 demonstration project with independent intellectual property rights has started, and the complete set of equipment manufacturing capabilities are ready. The “One Belt, One Road” policy will be used to open up the market.
Experts from the China Nuclear Energy Industry Association said that China's nuclear power "going out" is a big direction, and it is a good way to export the experience and capacity of nuclear power construction accumulated in China over the years. However, there are also many difficulties to overcome in the process of “going out”. Domestic nuclear power companies need more experience in participating in international market competition, familiar with foreign laws and regulations, business, politics, etc.; as the three-generation nuclear power technology with independent intellectual property rights promoted by China’s nuclear power “going out”, Hualong No.1 is still under construction. The CAP1400 is preparing for construction, and it will take some time to become a mature product for engineering verification.
Nuclear power company performance boosted
Benefiting from the resumption of coastal nuclear power this year, the performance of nuclear power-related listed companies has gradually recovered.
Wind data shows that nine nuclear power companies have disclosed the results of the three quarterly results this year. Among them, the net profit of Danyi, Wal-Mart and China Nuclear Power in the first three quarters increased by 470%, 248% and 70% respectively.
In addition to Tanjung shares, which is a company that has consolidated its performance and consolidated its performance, China’s nuclear power has clearly benefited from the development of the nuclear power industry. As the Fangjiashan Project No.1, No.2 and Fuqing No.1 units were put into commercial operation, the performance of China's nuclear power in the first half of the year increased by 150.45% year-on-year, exceeding market expectations. In the first three quarters of this year, the company will continue its high growth.
However, due to the relatively long period of supply and revenue confirmation of nuclear power plants, the revenue from the successful nuclear power plant projects this year will be confirmed in the next two years, and the impact on the performance of some listed companies in the first three quarters of this year is not so direct. For example, in the environment of the shield, the company has successively won the bid for the nuclear power plant HVAC project of the nuclear island power plant of Fujian Fuqing Nuclear Power Plant and the Hongyan River. The competitiveness of the company's nuclear power business has further improved. However, due to the unconfirmed nuclear power performance and the decline in the company's refrigeration accessories business, the company's performance in the first half of the year still decreased by 28.96%.
With the gradual introduction of heavy catalysts in the nuclear power industry in the fourth quarter, listed companies in the nuclear power industry chain will usher in more favorable conditions. Southwest Securities analysts believe that the current equipment investment is gradually biased towards high technical barriers (main pipeline, main pump casing, etc.), nuclear power, and performance elasticity, should pay attention to long-term development.